DOCSLIB.ORG

FCA Transport CNG Release

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
FCA Transport CNG Release Contact: Kaileen Connelly FCA US Launches Largest Private Fleet of Natural Gas-Powered Semitrucks in the State of Michigan Company announces $40 million investment in Detroit to convert 179 parts-hauling trucks to compressed natural gas (CNG) Investment includes facility and infrastructure upgrades and the installation of the largest private CNG fueling station in North America Fleet’s transition to CNG will reduce CO2 emissions by more than 16,000 tons per year December 4, 2015, Detroit - FCA US LLC announced today that it has invested $40 million in FCA Transport, the FCA US-owned truck fleet, to convert its 179 Detroit-based parts-haulers to run on compressed natural gas (CNG) rather than traditional diesel. The move gives FCA the largest private fleet of CNG-powered heavy-duty vehicles in the state of Michigan. “Our transition to CNG reflects the way FCA US attempts to balance our search for profitability with social responsibility and community development, including environmental stewardship,” said Steve Beahm, Senior Vice President – Supply Chain Management, FCA – North America. “This project was a win-win-win – it offered a solid business case, clear environmental benefits and an opportunity to invest in our Detroit facility and workforce.” FCA Transport, built in 1965, is located on Lynch Road in Detroit, just across from the Detroit City Airport. The Company spent $1.8 million to enable the 36,000-square-foot maintenance facility to handle the new CNG-powered fleet. The $5 million on-site CNG fueling station, designed and built by TruStar Energy, is the largest private CNG station in North America. Prior to the changeover, the FCA Transport Detroit fleet used nearly 2.6 million gallons of diesel fuel per year while driving about 16 million miles to deliver parts to assembly plants from suppliers and FCA US component facilities. The company expects to experience net fuel cost savings of about 35 percent per year with the CNG-powered fleet. Beyond cost savings, FCA Transport estimates the Detroit fleet’s transition to CNG will reduce CO2 emissions by more than 16,000 tons per year. This decrease is equivalent to the annual carbon dioxide emissions that come from burning more than 17 million pounds of coal, or the reduction of CO2 emissions from the annual energy use of nearly 1,500 homes. FCA Transport’s transformation is a product of our dedicated, engaged workforce and close collaboration with the UAW,” said Marty DiFiore, Head of FCA Transport and Auto Transport Services, FCA US. “Today is the culmination of two years of research and planning, an extensive pilot program of CNG trucks and ongoing training of more than 6, 000 hours.” FCA Transport drivers and mechanics participated in extensive hands-on training to prepare them to drive, fuel and maintain the new trucks. It included maintenance, repair and operating courses taught by Cummins, Allison Transmission, Agility Fuel Systems and FCA’s own in-house trainers. FCA US has a history of being a pioneer in the area of CNG. The Ram 2500 Compressed Natural Gas truck is the industry’s first factory-built pickup powered by CNG, offering fleet and commercial customers the cost and emissions benefits of this domestically sourced fuel. About FCA US LLC FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT and Alfa Romeo brands, as well as the SRT performance designation. The Company also distributes Mopar and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA). FCA is an international automotive group listed on the New York Stock Exchange under the symbol “FCAU” and on the Mercato Telematico Azionario under the symbol “FCA.” Follow FCA US news and video on: Company blog: blog.fcanorthamerica.com Facebook: https://www.facebook.com/FiatChrysler.NorthAmerica/ Instagram: www.instagram.com/FiatChrysler_NA Twitter: www.twitter.com/FiatChrysler_NA Twitter (Spanish): www.twitter.com/fcausespanol YouTube: www.youtube.com/fcanorthamerica Media website: media.fcanorthamerica.com -###- Additional information and news from Stellantis are available at: https://media.stellantisnorthamerica.com .
Load more

Recommended publications
  • Ivecobus Range Handbook.Pdf
    CREALIS URBANWAY CROSSWAY EVADYS 02 A FULL RANGE OF VEHICLES FOR ALL THE NEEDS OF A MOVING WORLD A whole new world of innovation, performance and safety. Where technological excellence always travels with a true care for people and the environment. In two words, IVECO BUS. CONTENTS OUR HISTORY 4 OUR VALUES 8 SUSTAINABILITY 10 TECHNOLOGY 11 MAGELYS DAILY TOTAL COST OF OWNERSHIP 12 HIGH VALUE 13 PLANTS 14 CREALIS 16 URBANWAY 20 CROSSWAY 28 EVADYS 44 MAGELYS 50 DAILY 56 IVECO BUS CHASSIS 68 IVECO BUS ALWAYS BY YOUR SIDE 70 03 OUR HISTORY ISOBLOC. Presented in 1938 at Salon de Paris, it was the fi rst modern European coach, featuring a self-supporting structure and rear engine. Pictured below the 1947 model. 04 PEOPLE AND VEHICLES THAT TRANSPORTED THE WORLD INTO A NEW ERA GIOVANNI AGNELLI JOSEPH BESSET CONRAD DIETRICH MAGIRUS JOSEF SODOMKA 1866 - 1945 1890 - 1959 1824 - 1895 1865 - 1939 Founder, Fiat Founder, Société Anonyme Founder, Magirus Kommanditist Founder, Sodomka des établissements Besset then Magirus Deutz then Karosa Isobloc, Chausson, Berliet, Saviem, Fiat Veicoli Industriali and Magirus Deutz trademarks and logos are the property of their respective owners. 05 OVER A CENTURY OF EXPERIENCE AND EXPERTISE IVECO BUS is deeply rooted into the history of public transport vehicles, dating back to when the traction motor replaced horse-drawn power. We are proud to carry on the tradition of leadership and the pioneering spirit of famous companies and brands that have shaped the way buses and coaches have to be designed and built: Fiat, OM, Orlandi in Italy, Berliet, Renault, Chausson, Saviem in France, Karosa in the Czech Republic, Magirus-Deutz in Germany and Pegaso in Spain, to name just a few.
    [Show full text]
  • 2018 Annual Report
    2018 ANNUAL REPORT 2018 ANNUAL REPORT AND FORM 20-F 2 2018 | ANNUAL REPORT 2018 | ANNUAL REPORT 3 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” and emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Emerging growth company If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S.
    [Show full text]
  • Copyrighted Material
    Part I THE POWER OF A FAMILY COPYRIGHTED MATERIAL cc01.indd01.indd 1111 005/11/115/11/11 22:01:01 PPMM cc01.indd01.indd 1122 005/11/115/11/11 22:01:01 PPMM Chapter 1 The Scattered Pieces short time before he died, Gianni Agnelli had asked his younger brother Umberto, who had come to visit him every A day at Gianni’s mansion on a hill overlooking Turin, to do something very diffi cult. Umberto said he needed to think about it. Now, at the end of January 2003, Umberto had come to give Gianni an answer. Gianni was confi ned to a wheelchair, spending his fi nal days at home. He had once found solace looking out of the window onto his wife Marella’s fl ower gardens below, especially his favorites, the yellow ones. But now it was winter. Gianni looked out at the city of Turin, which was visible across the river through the bare trees. Street after street stretched out toward the horizon in the crisp January air, lined up like an army of troops marching to meet the Alps beyond. It was a clear day, and he could see Fiat’s white Lingotto headquarters, as well as the vast bulk of Fiat’s Mirafi ori car factory on the far side of the city. The factories had been built by their grandfather, Giovanni Agnelli. 13 cc01.indd01.indd 1133 005/11/115/11/11 22:01:01 PPMM 14 the power of a family Gianni wouldn’t admit to his family that he was dying, but they all knew.
    [Show full text]
  • Child Care, Maternal Employment, and Children's School Outcomes. An
    ISSN 2279-9362 No. 441 December 2015 www.carloalberto.org/research/working-papers Child care, maternal employment, and children’s school outcomes. An analysis of Italian data Daniela Del Boca University of Turin, CHILD and Collegio Carlo Alberto Silvia Pasqua University of Turin, CHILD and Collegio Carlo Alberto Simona Suardi University of Milan and Université Catholique de Louvain Abstract In this paper we analyse the impact of mothers' employment status and formal child care attendance during early childhood on children’s school grades later in life, controlling for socio-demographic factors. We use the year 2008 of the Italian ISFOL-PLUS dataset. The dataset provides information on each respondent’s demographic characteristics, as well as a set of retrospective information on the individual’s school grades at the end of junior high school, high school, and university; along with (in the 2008 wave only) information about the respondent’s formal child care attendance and mother’s employment status when he or she was under age of three. We estimate the effects of maternal employment and child care attendance on the probability that the respondent would have high grades at the end of high school. Since maternal employment and child care attendance are likely to be endogenously determined, we use an Instrumental Variable (IV) approach. Our empirical results show that while having a mother who was working (during early childhood) had no significant effect on an individual’s high school grades, child care attendance had a positive and significant effect. These results have potential policy implications. As maternal employment does not seem to negatively affect the development process of children, while child care attendance appears to have a positive impact on academic achievement, policy makers should consider expanding the availability of child care, and promoting women's participation in the labour market.
    [Show full text]
  • Half-Year Financial Report 2012
    Half-year Financial R eport 2012 Società per Azioni Share capital Euro 246,229,850, fully paid-in Registered office in Turin, Italy – Via Nizza 250 - Turin Comp any Register No. 00470400011 The Half-year Financial Report for the fir st half ended June 30, 2012 has been prepared i n accordance with Legislative Decree 58/1998 (Consolidated Law on Finance), as amended, and the Regulatio n on Issuers issued by Consob. This Half-year Report also conforms with the requirements of the International Financial R eporting Standards (“IFRS”) issued by the International Accou nting Standards Board (“IASB”) and adopted by t he European Union and has been prepared in a ccordance with IAS 34 - Interim Fin ancial Reportin g. The accounting principles applied are c onsistent with those used for the preparation o f the Consolidated Financial Statements at December 31, 2011, except as otherwise stated under “Acc ounting standards, amendments and interpretations adopted from Januar y 1, 2012” in the Notes to the Ha lf-year Condensed Consolidated Financial Statements. The Half-year Financial Report includes th e Interim Report on Operations, the half-year cond ensed consolidated financial statements at June 30, 2012 and the attestation pursuant to art. 154-bis, paragra ph 5, of Legislative Decree 58/1998. The Half-year Financial Report 2012 also includes the independent audito rs' review report on the limited review of the half-year condens ed consolidated financial statements at June 30, 2012, and the list of the EXOR Group companies at June 30, 2 012. Interim
    [Show full text]
  • Between Business Interests and Ideological Marketing the USSR and the Cold War in Fiat Corporate Strategy, 1957–1972
    Between Business Interests and Ideological Marketing The USSR and the Cold War in Fiat Corporate Strategy, 1957–1972 ✣ Valentina Fava On 15 August 1966, the Fiat automotive company signed an agreement in Moscow with the Soviet government regarding the construction of the Volga Automobile Factory (VAZ) to manufacture Fiat cars. The plant began oper- ations in September 1970—one year later than originally planned—and was a highly automated facility that was able to produce 660,000 Fiat 124s per annum.1 More than half a century later, the image of Italian-Soviet partnership in building the giant automobile plant still arouses emotions and curiosity, as demonstrated by documentaries and preparations for the fiftieth anniversary 1. The model’s body and engine were modified to be better suited for Soviet roads and climatic condi- tions. The total cost of constructing the plant was estimated at $642 million in February 1966: $247 million (39 percent) was to be spent in Italy, about $55 million (8 percent) was to be spent in the United States, France, Great Britain, Belgium, Switzerland, and West Germany (but this percentage grew to such an extent that $50 million alone was expected to be spent in the United States), and $340 million (53 percent) was to be spent (it never was) on building plants or equipment in member-states of the Council for Mutual Economic Assistance. This estimate included neither consultancy fees for the technical designs of the factory and the car nor the transfer of know-how and assistance methods, nor did it budget for purchasing special materials or paying third parties’ commissions for patents or additional know-how.
    [Show full text]
  • Letters to Shareholders – First 10 Years Collection 2.82 MB
    Letters to Shareholders First 10 years INVESTOR DAY 21 November 2019 I’m grateful for the support you have shown Exor during our first decade as we’ve worked to change our scope, form and organization. We have, however, not changed our purpose, which is to build great companies, and we look forward to continuing to do that with your support. I have enjoyed writing our annual letters to you as they are a special moment each year to pause and learn from our past and to think about our future. Going through those letters, what is reassuring is that there has been consistency between the intentions we expressed and the outcomes we achieved - something we are determined to maintain going forward. As we have reflected on our next decade, we have spent time defining the culture we’ve created within Exor, which combines an entrepreneurial spirit, financial discipline, clarity of purpose and a set of shared values. We believe these will continue to provide us with a strong base on which to build and create value for all of our stakeholders. I would like to conclude with a special thank you to all my colleagues both within Exor and also throughout our companies for their many achievements to date and, more importantly, in anticipation of the things we will achieve together in the future. 2009 Dear Shareholders, 2009 was a very significant year for our Company. First and foremost, in March we were able to complete the merger between IFIL and IFI, the two historical holding companies listed on the Italian Stock Exchange, to create Exor, a company now 47% held by the market and 53% by Giovanni Agnelli e C., the private company fully owned by my family.
    [Show full text]
  • On the Screen on This
    DAILYTELEGRAPH.COM.AU FRIDAY MARCH 12 2021 77 Fiat’sFRIDAY MARCH 12 2021 giant a playboy, OPINION 37 soldier and man of style 1868 TROY LENNON n the 20th century, cars became ON THIS vitally important to the cultural and industrial life of many 1921 countries. But nowhere was this more evident than in Italy and its DAY best-known car brand Fiat. The Fiat was not just a point of pride Revered 16th in Italian technology, it was a part 1622century monks of the social life and employed a large Ignatius of Loyola and I Francis Xavier are portion of the population. Which meant that the person who ran Fiat canonised by the Roman had a lot of clout. From 1966 that Catholic Church. person was Gianni Agnelli, and he became the most important person in John (Flash Jack) Italy and one of the most famous 1827Edwards and four Italians inside and outside Italy. other men (Edward Born a century ago, Agnelli took Colethurst, William over the business his grandfather Leddington, James Smith Giovanni had helped found in and Richard Johnson) are 1899, expanding the company. hanged in Sydney for Agnelli was an astute piracy. They had seized the businessman whose brig Wellington taking the company came to control Gianni Agnelli (centre) in convicts to Norfolk Island. about 20 per cent of the uniform in World War II, Explorers Paul de Italian economy, giving down theand same (inset) dirty roadat the that racetrack treats Strzelecki and himSam enormousMcMahon powerWith the COVID Territorians in awith way thatson theyAlessandro. fought 1840 James Macarthur, with two anddecisions influence.
    [Show full text]
  • Fiat Industrial S.P.A. (Incorporated As a Società Per Azioni Under the Laws of the Republic of Italy)
    Level: 3 – From: 3 – Monday, March 26, 2012 – 19:58 – leonardgreenham – 4407 Intro BASE PROSPECTUS Fiat Industrial Finance Europe S.A. (Incorporated with limited liability under the laws of the Grand-Duchy of Luxembourg; Registre de Commerce et des Sociétés de Luxembourg No. 155849) Fiat Industrial Finance North America, Inc. (Incorporated under the laws of the State of Delaware) €10,000,000,000 Global Medium Term Note Programme unconditionally and irrevocably guaranteed by Fiat Industrial S.p.A. (Incorporated as a Società per Azioni under the laws of the Republic of Italy) Under the €10,000,000,000 Global Medium Term Note Programme (the “Programme”) described in this base prospectus (the “Base Prospectus”), Fiat Industrial Finance Europe S.A. (“FIFE”) and Fiat Industrial Finance North America, Inc. (“FIFNA”) (each an “Issuer” and together, the “Issuers”) may from time to time issue notes (the “Notes”) denominated in any currency agreed between the relevant Issuer and the relevant Dealer (as defined below). The payments of all amounts due in respect of Notes will be unconditionally and irrevocably guaranteed by Fiat Industrial S.p.A. (the “Company,” “Fiat Industrial” or the “Guarantor”). An investment in Notes issued under the Programme involves certain risks. For a discussion of these risks, see “Risk Factors” herein. The Base Prospectus has been approved by the Central Bank of Ireland (the “Central Bank”) as competent authority under Prospectus Directive 2003/71/EC (the “Prospectus Directive”). The Central Bank only approves this Base Prospectus as meeting the requirements imposed under Irish and EU law pursuant to the Prospectus Directive.
    [Show full text]
  • CNH Industrial, Following the Merger of Fiat Industrial and CNH Global N.V
    FPT Industrial History Fiat (Fabbrica Italiana di Automobili Torino) was founded in Turin, Italy, in 1899 by a group of engineers and investors including Giovanni Agnelli. The firm went on to develop car, truck, bus and tractor designs, and in 1903 started producing gasoline engines for commercial vehicles. Five years later, Fiat began production of industrial diesel engines, and by 1931 was producing diesels for use in truck and marine applications. The firm soon established a reputation for technological leadership in engine development. Direct injection diesel engine technology was patented by Fiat in 1934, and in 1938 the company became the first to use a turbocharger in a diesel truck engine. Fiat branched out into boat and ship power in 1965, with the creation of the Aifo (Applicazioni Industriali Fiat OM) brand dedicated to marine applications. In time, the name became synonymous with success in the field of powerboat racing. Swiss engine company Saurer and its research and development centre in Arbon, Switzerland, became part of Fiat in 1982. The company continued to lead the way in diesel engine technology into the 1990s, in 1999 becoming the first manufacturer to introduce common rail fuelling technology on industrial engines – a Fiat patent. In 2002, Fiat began production of compressed natural gas engines for light commercial vehicles. The launch of the Iveco Motors brand in 2004 saw the new name become synonymous with the supply of industrial and marine engines and power generation equipment to third-party customers. The following year, Fiat founded FPT (Fiat Powertrain Technologies), merging its automotive and industrial powertrain activities.
    [Show full text]
  • Fiat's Young Boss Steers a Tough Course
    FIAT BEHIND THE WHEEL: Fiat Chairman John Elkann drives a Fiat 8V at the start of the “1000 Miglia” International classic car rally in Brescia. REUTERS/PAOLO BONA John Elkann has to decide between Italian passion and corporate pragmatism Fiat’s young boss steers a tough course BY JENNIFER CLARK TURIN, NOVEMBER 9, 2012 SPECIAL REPORT 1 FIAT STEERING A NEW COURSE henever Sergio Marchionne, chief executive of carmakers WFiat and Chrysler, appears in public, television crews jostle to beam his words around the globe. Amid the push and shove it’s easy to miss the tall, curly- headed young man who often looks on from the sidelines. He’s John Elkann. And he’s Mar- chionne’s boss. The 36-year-old scion of Italy’s powerful Agnelli clan became vice chairman of Fiat – founded and still controlled by his fam- ily – just under a decade ago, and chairman in 2010. For years, his was the saga of a shy, awkward young heir thrust prematurely into corporate leadership by family tragedy. No more. Now Elkann is taking the key role in an- swering the question that faces his family’s firm: Is what’s good for Italy really good for Fiat anymore? The question evokes the famous statement - “I thought that what was good for America was good for General Motors and vice versa” – by Charles “Engine Charlie” Wilson, then the president of GM, 60 years ago. Nobody is calling Elkann “Engine John- nie.” But many thought Fiat had outgrown Italy in 2009 when it snapped up a control- ling stake in Chrysler and left Elkann to wrestle with the politically potent question of how closely the family firm, long the sym- bol of corporate Italy, should remain tied to the troubled economy of its home country.
    [Show full text]
  • Andrea Agnelli
    Andrea Agnelli Andrea Agnelli is Chairman of Juventus Football Club S.p.A. since 19 May 2010, and Lamse S.p.A., a holding company for which he is a founding shareholder since 2007. Born in Turin in 1975, he studied at Oxford (St Clare’s International College) and Milan (Università Commerciale Luigi Bocconi). While at university, he gained professional experience both in Italy and abroad, including positions at Iveco-Ford in London, Piaggio in Milan, Auchan Hypermarchéin Lille, Schroder Salomon Smith Barney in London and, finally, Juventus Football Club S.p.A. in Turin. He began his professional career in 1999 at Ferrari Idea di Lugano, where he was responsible for promoting and developing the Ferrari brand in non-automotive areas. In November 2000, he moved to Paris and assumed responsibility for marketing at Uni Invest SA, a Banque San Paolo company specialising in managed investment products. From 2001 to 2004, Mr Agnelli worked at Philip Morris International in Lausanne, where he initially had responsibility for marketing and sponsorships and, subsequently, corporate communication. In 2005, he returned to Turin to work in strategic development for IFIL Investments S.p.A. (now EXOR S.p.A.). He joined the board of directors of IFI S.p.A. (now EXOR S.p.A.) on May 25 2006. Agnelli is a general partner of Giovanni Agnelli B.V., a member of the board of directors of FIAT S.p.A. (now Fiat Chrysler Automobiles N.V.) and a member of the advisory board of BlueGem Capital Partners LLP. Since March 2017 is President of “Fondazione del Piemonte per l’Oncologia”.
    [Show full text]